Skip to main content

tv   MONEY With Melissa Francis  FOX Business  January 29, 2013 5:00pm-6:00pm EST

5:00 pm
building homes for severely injuredded soldiers. you help # build a home for this soldier, the first to survive losing all four limbs when his vehicle was attacks in iraq back in 2009. you may remember we presented the home in 2011 custom with elevator, custom countertops, to help him resume a quality life, and after we showed you that great day, he took hold of the home mortgage free. today, he's recovering from a rare 13-hour double arm transplant at johns hopkins hospital. i'm personally happy to report it appears the surgery, appears at least for now, i'm told by building homes for heros, his body is so far not rejecting, but accepting the transplant. the fingernails are growing, a
5:01 pm
great sign. [applause] thank you all of you for donating. this year, i'm going a to do a relay with our own cheryl casone and democratic strategist chris hahn. while we train, continue to give. how much a difference just one dollar can make. david: an amazing guy. "money" with melissa francis is next. ♪ melissa: i'm mel liz is a francis, and here's what's "money" tonight, an $18 million judgment against chevron takes a turn. a judge admits he was bribed. will this puts brakes on overseas corruption or just the cost of doing business? we have an exclusive interview with the top lawyer on the case. can lightning fast internet speed spark an economic boom? tennessee is banking on it. a genius plan hopes to get business flocking to the city.
5:02 pm
the mayor joins us in another fox business exclusive to explain how. mama mia, frozen pizzas poisen for your body? one says yes, suing nestle and california pizza kitchen for $5 million. can she win? even when they say it's not, it's always about "money. ♪ so this is the top story tonight. shocking new allegations of bribery in a huge $18 billion lawsuit against chevron. an ecuadorian coward ordered the massive set length for damage done by drilling done by texaco later bought by chevron. the judge says he was paid half
5:03 pm
a million dollars to issue the statement against chevron. he has evidence to prove it, and here's the lead attorney in the case and former deputy mayor of new york city. this is very confusing. lay out the details for people. basically, the judge who issued the ruling saying chevron owed $18 billion says he was paid half a million dollars to have the settlement? >> that's close. it was a former judge whose come forward to say that he was ghost writing, brokered the deal, and noticed firsthand that the plaintiffs' lawyers in the case wrote the $18 billion judgment in their own favor in exchange for what they agreed to pay the judge on the case.
5:04 pm
melissa: there's details, and the judge was paid in order to provide this evidence, i mean, not that much, but he says he's in danger, has to relocate the family so he's getting money as well. >> well, this is no different than government witness protection. it's for the reasonable security and safety concerned by objective third parties that this evening, if he were to stay in ecuador, his safety, his security, his liberty would be at jeopardy. that's really something done to protect the security of the witness, but most importantly here, we didn't pick this witness. they, the plaintiffs' lawyers, pickedded this witness. they chose to conspire with him in this dirty deal. melissa: what's the incentive to come forward? he's put his life in jeopardy, may face criminal charges i'd think; right? why is he coming forward to say he was part of the deal to, you know, make chevron pay $18 million? >> like any turncoat in a
5:05 pm
racketeering case, you saw the truth coming out. you saw it was going to come out and imp kate -- implicate him, and he, this therefore, got head of it providing the evidence, and now the shocking testimony. melissa: my reaction when i hear a judge was paid half a million to say chevron has to pay $18 billion is that this is what you expect. it's not that shocking because the number is so huge, but from america, our perception is that, you know, the courts can be rigged. you hear about bribery. it's like the cost of doing business to me. >> well, it shouldn't be the cost of doing business anyway. in is an important story for american corporations who can be literally held hostage or shaken down by plaintiffs' lawyers going to corrupt foreign jurisdictions where they can corruptly influence the judiciary, and then using those
5:06 pm
fraudulent procured judgments to shake down american corporations. now, that is something that we should be taking very seriously. our government, our prosecutorrers here in the united states, our courts here in the united states are taking it very seriously. melissa: but how do you fight back? nay are the one with the courts and jurisdictions. sound to me like may i just can't do business in ecuador. >> actually, there's treaties designed to protect american businesses abroad when they do business in foreign countries like ecuador, but ecuador is ignoring the treaties. they are with the plaintiffs' lawyers, turning a blind eye to the corruption. the fact of the matter is what we have here is a screaming scandal, something so shocking, i've never seen it in 30 plus years of law practice. it's a judgment that can want stand. give chevron credit to expose this fraud. melissa: how do you fight back? >> howie are.
5:07 pm
melissa: does the u.s. have to take action? >> we are pursuing every legal recourse. we have a case of our own in the southern district of new york going to trial in the fall, and that is the place where we were putting this evidence on the public report to show what happened here to say american companies should never have to endure this again. melissa: a huge number, and think the verdict was bought for half a million dollars is incredible. randy, thanks for being on the show. >> thank you. melissa: another story we followed could have an impact on millions of u.s. drivers. the federal government is beating up the introduction of e-15, a higher blend of ethanol gas to be used in vehicles made in 2001 or later, but new research shows it causes serious damage to cars like clogging the engine and causing breakdowns. here to ceo plain is the senior economic adviser for the american petroleum institute,
5:08 pm
and this is more evidence that it bimeds on an earlier study talked about in may and highlighted the harm that ethanol can do. i'm shocked. tell me more. >> right. well, we are having new results today, coming out showing it affects the fuel distribution system. this means your fuel gauge can show that you are mostly full when you are actually empty, or, more seriously, the components of the fuel distribution system can break, and in which case, yourself not getting fuel to the engine, and that's potentially very serious. if you can imagine that happening to you on the side -- on a highway, for example, or any other road, so we're very concerned about this. there's millions of cars, potentially affected. epa knew there was ongoing research into this, and they went ahead own okayed the use of this fuel knowing full well this research was ongoing. it's potentially very harmful to a lot of people. melissa: i want to slow down to
5:09 pm
people understand. what we're talking about now, because i was shocked about the story when the research came out in may saying the gasoline that's supposed to be great for the environment, great for cars, is actually dangerous for the car, and in some cases, it voids your warranty. it's a big deal. what's the new research show? >> well, it goes into another part of the fuel system. the original research we look at looked at just the valves and the valve seals so it hurts your engine. now, this looks at the fuel components, itself, the pumps, the components of the distribution system. there are other parts of the vehicle, too, to be tested. it takes awhile to do this, but layer upon layer, the more we look, the more problems we're seeing. it's irresponsible to move forward in this fashion knowing full well that millions of cars in america could be affected. this is just, you know, epa's deal to push this fuel out to cars that were not designed to use it.
5:10 pm
melissa: talk about that specifically. in what cars is it safe? i understand in flex fuel vehicles and cars that are 20 # -- 2012 and knewer. -- newer. >> cars designed for that use, designed to handle e-15, and the auto companies went to congress saying we cannot warrantee our vehicles not designed to handle this. as we test and the results come out, we are finding that that's absolutely the case. this is a case of the epa and their zeal to comply with congress using mandated amounts of fuel and increasing amounts each year, and we're hitting a wall. all you can do to meet the law now is to increase the percentage share of the ethanol and fuel. it could hurt vehicles and it could certainly hurt consumers. melissa: the research was put together by the coordinating research council, organization
5:11 pm
supported by the oil and auto industry. they have a dog in the fight. how do you respond to that? >> well, that organization's been around, i think, since the 1920s testing fuel with the vehicles for decades and decades now. to make sure the fuel works with the vehicles. we are responsible as the fuel providers as well as the autos to make sure that the vehicles work and they work in a fashion they were designed to work with the fuel. so we have a responsibility here. we want to meet that responsibility. melissa: absolutely, e-15 is what we talk about, the 15% ethanol. what about e-10. that's 95% of the gas sold in the u.s.. is that safe? >> e-10 is great. use that in all vehicles. refiners like that, it has good properties. we're very much in favor of using these renewable fuels, but not on vehicles that were not designed for their use, so the ones designed, fine, go ahead with that, and -- but let's go
5:12 pm
back and take a look at the renewable fuel standards that requires you to use more than the vehicles are designed to take. melissa: absolutely. what's disstressing about this is this is the epa and aaa saying op sit things. epa says it's safe, and aaa comes out, who obviously is on the side of drivers, they don't have a dog in the fight, saying, wait a second, be careful. don't follow what the epa says. shocking. thank you for coming on the show today. >> thank you. melissa: strong housing data, better than expected. the blue chip hit highest level since october 15, 2007. the dow is 210 points away from the all-time closing high. look at that. all right. next on "money," tennessee unvails a genius plan for job growth. i love this. lightning fast interpret could make it a boom town for businesses. chattanooga's major joins us
5:13 pm
exclusively to explain. plus, president and congress moving full steam ahead on immigration reform, but do the benefits outweigh potential costs? we'll crunch the numbers. more "money" straight ahead. ♪ ani would ever quit.t think [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening.
5:14 pm
if you have a history heart or blood vsel problems, tell your doctor if you have new or worse symptoms. get medical help right away if you have symptoms of a heart attack. use caution when driving or operating machinery. common side effects include nausea, trouble sleeping and unusual dreams. with chantix and with the support system it worked. it worked for me. [ male announcer ] ask your doctor if chantix is right for you. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected.
5:15 pm
get started at legalzoom.com today. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.
5:16 pm
5:17 pm
♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in tennessee. here to explap is the chattanooga mayor who i think is a genius. thank you for coming on the show. we appreciate your time. >> glad to be with you. melissa: why did you decide technology was key? what made you focus on that? >> well, we had a choice of rebuilding the old electrical system that receivers the city or building something for the future, and even though it was initially more costly, we felt the future was more compelling
5:18 pm
than the past. chattanooga's an old industrial city. this is new infrastructure. fiber to the home is something other cities don't have or fiber to the user. we have 170,000 customers that have fiber to their businesses and homes, and gig bit connectivity. i don't know what it means, but it sounds great. melissa: your internet speed is about 200 times the national average. i also saw, further proving your genius, that you used federal stimulus funds to establish the fiber infrastructure. i mean when that money was out there begging and washington is telling you we have shovel ready jobs out there, what made you think of putting the money towards fiber internet? >> well, we had a lot of smart people who work with us here in chattanooga, and, of course, as the economy went bad, that was a downer for everyone, and then the stimulus money came along. we, fortunately, had already
5:19 pm
completed a very comprehensive business plan that showed that the system would work, and it would pay for itself over time with the savings that can be achieved from the new technology. melissa: yeah, they were giving away good money after bad for, you know, whatever project was going, so you might as well grab it and spend it on good if they spend it no matter what. geek move, awards $11,250 for moving into the city, $10,000 for expenses, and 12,000 for moving. how many show an interest in the opportunity? >> we've had a hundred applications and we'll filter through them. it is a success based on a similar success a few years ago with artists, encouraging people to move here for a specific purpose, and we have neighborhoods where houses are going wadding. geeks, that's a good term in chattanooga, urban pioneers
5:20 pm
frequently, so with a little incentive, we can bring individuals to chat chattanoogao otherwise might look in southern california or boston area or something like that. melissa: yeah, you know, we have ceos on the show all the time who say that their biggest problem is that they have job openings, and they can't find qualified applicants to fill them, and almost always, they look for engineers or looking for computer software engineers, people who program, the exact people you would attract with this offer. what businesses in your community are looking for employees, and what's their response been like? >> well, we have insurance companies and banks and such always looking for people with high-tech skills, and we have a small media industry here as well. chattanooga has been blessed in economic development. we have vw. we have an amazon fulfillment center that's gone into the community in recent years, and so we see a building trend
5:21 pm
towards people with these high-tech skills which do not exist everywhere. melissa: i look at the sponsored contest, helping contestants develop programs to improve existing businesses, paid $15,000 to participate. it's over a hundred days. it strikes me that you spend a lot of money, do you get it back? do you have the money in the bank that you can spend? is this making sense financially for you? >> we have some very creative local foundations and even though it sounds like a lot of money, these are relatively small investment, and can pay big dividends. one thing we're doing from a public stand point is practically rethinking our library. our library, like most, are facing a different future. we're making sure they have all the digital technology, and they have taken over a floor that was never used for anything but storage, and that's where they
5:22 pm
have all the geek gatherings, and it's the most popular floor in the library if you can believe it. melissa: genius. thank you for coming on. we appreciate your time. >> thank you. melissa: coming up, president obama and congress charge ahead on immigration reform plans, but will the cost outweigh the benefits? we are crunching the numbers coming up. plus, violent protests intensify along egypt's suez canal. could it choke out the pressure point for energy supplies? stay tuned, more "money" straight ahead. ♪ (announcer) at scottrade, our clients trade and invest
5:23 pm
5:24 pm
5:25 pm
5:26 pm
exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. ♪ melissa: so immigration reform is big news this week. democratic senator chuck schumer, republican senator, john mccain, teaming up to present their overhaul of the
5:27 pm
system, but what's the true cost, and what would it mean for the economy? here's to crunch the numbers is the center for immigration studies. steve, thank you for being on the show. >> thanks for having me. melissa: when we talk about the issue, i want to drill down on the numbers here and put emotion and politics to the side and what it means for the the economy. the biggest problem that we have right now is that we're having trouble growing gdp, and that's why we're not getting people become to work, one of the big reasons, and it strikes me from an economic perspective that the way you grow gdp is by adding to the population. you know, a bigger populationings that's more labor, more consumption, a bigger tax base. you're a bigger economy like china. wouldn't more legal immigrants help us grow the economy? >> there's no question that adding more labor input makes the economy bigger, but there is not really any research to show it makes the economy better or more accurately, it raises per
5:28 pm
capita income. of course, that's what matters; right? canada and mexico have very roughly the same size economy, but we don't say, well, gosh, they are equally rich. no. mexico's population is several times larger, and so it's per capita is much lower. as far as we can tell because of the immigrants tend to be somewhat poorer on average, the overall per capita actually goes down when the immigrants arrive so it does make a larger gdp, but it doesn't seem to i'll -- improve the economic situation of the native born. immigrants do benefit, and that could be an argument for immigration. melissa: if they were legal, paying taxes, that's a big difference, especially from the perspective that one of th greatest costs is the cost of educating the children of the legal immigrants. they are not paying into the tax system, but it's a bill that's $52 billion. if you legalize them and tax
5:29 pm
them would that solve the economic part from an educational standpoint? >> in terms of the fiscal part of the program, in general, illegal imgrants are unskilled. half or more have not graduated high school in the home country before they came, and 30% only have a high school education. what all research shows is people like that, regardless of legal status, generally speaking in the modern american economy, don't make that much money, and, thus, don't pay that much even when they are paid on the books and -- melissa: that's the current generation of, you know, people who just arrived, and, certainly, that was the case with our ancestors. the children born in the country educated in the country and came out, and, again, they are educated in this country because that's one of the problems is we're saying it's costing $52 billion, that group of citizens is productive and educated and would add to the work force. >> well, it depends on which group you talk about. the literature has different
5:30 pm
patterns among the groups, but the question on whether legal status makes it worse fiscally, yes, it probably would because now the illegal imgrants are eligible for programs like the tax credit -- melissa: they would pay payroll taxes, state, local, and federal taxes. >> right. we think 55% of illegals are already paying taxes. it's not that much. their income is so much less on average, reflecting educational attainment, that even if the other 45% paid payroll tax, generally, they don't pay income tax because they are too poor. we think 80% or less educated. what the fiscal impact reflects, not so much where they are from or who they are, rather their educational attainment. unskilled immigration is costly for taxpayers even though most work. melissa: steve, thank you for your time. >> sure thing.
5:31 pm
melissa: next on "money," violent protests in egypt, the critical passageway for oil supplies could be at risk. we'll explain. plus, it tastes so good, but that grocery store frozen pizza, is it toxic for your body? one says the california pizza kitchen is deliberately poisenning consumers. i don't know. we have the details. piles of "money," but no frozen pizza though. that's coming up president ♪
5:32 pm
have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swelling occur rarely and may be fatal. side effects may include unpleasant taste, headache, dizziness, and morning drowsiness. ask your doctor if lunesta is right for you. then find out how to get lunesta for as low as fifteen dollars at lunesta.com. there's a land of restful sleep.
5:33 pm
we can help you go there on the wings of lunesta. all stations come over to mission a for a final go. no g. this is for real this time. we are on step seven point two one two. we have entered our two minute hold. cabin venting has been inhibited. copy that. sys two, verify and lock. command is locked. flight computer state has entered auto idyll. three, two, one. the falcon 9 has launched. preparing for nose cone separation. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it.
5:34 pm
siemens. answers. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro.
5:35 pm
melissa: we have breaking news on chez peek energy's ceo. going to adam. >> the retirement from chez peek of audrey, and the board announced the alleged conflict of interests and other matters involved mr. mcclinton found, today, no improper conduct, but the final report won't be completed until mid-february. mr. mcclinton serves through april 1st, 2013, at which point he'll retired. the shares are up now in the after market roughly 8.5%. mel liz is a? melissa: thanks so much. 60 people dead, president morsi declared a 30-day state of emergency in three cities. major commerce passageway, suez
5:36 pm
canal, there could be ramifications if it shuts down. here to drill down on how dire the impact could be is the national security analyst. welcome back to the show. >> sure. melissa: you know issue everybody focusing on the straight of hormuz and ignore the suez canal which is a major thoroughfare for all kinds of commerce in the world. >> 10% of the world's sea going trade goes through the suez canal, a huge number. it's a hundred miles long, three cities you just talked about at the top, the middle, and the bottom of the suez canal where all the rioting is. i gent -- egypt, i think, is in a procare yows economic situation. they don't want to canal to stop. they get $5 # billion a year, and right now, with tourism down, that's the major source of, you know, foreign currency. they don't want it to stop. on the other hand, it's a very vulnerable place, and it's also
5:37 pm
right on the edge of the sinai pennals la where al-qaeda is setting up shop. if you want to sell distraction and chaos, this is how. you would disrupt world trade. you'd strike a blow against the egyptian government, make a major statement for terrorism, and what would you do? i mean think about the ramifications of it. it's not as much they would say have a missile that goes in, takes a tanker out of the canal. what does that do for rates for all the other tankers? you're forcing trade now through europe, through the suez canal to asia, but all the way around after africa. melissa: a big deal. president declaring a 30-day state of merge. >> i think it gets worse. the areas since the ash pop
5:38 pm
population, 25% unemployment, that's worse. secondly, the economy's gotten worse. there's no foreign investment going into egypt because of the political instability. wealthy egyptians trying to get themselves and money out. who is going to the pyramids; right? tourism, a major source. the ramifications of instability, egypt the leading country in the middle east. so goes egypt, so goes the reason. melissa: we have to worry about al-qaeda setting up shop. >> forty years ago, my boss negotiated a deal with egypt, and the deal was you have peace with israel, we'll give you economic and military assistance. that kept the peace for 40 years. i talked about that yesterday, and he said it worked. now, what's threatening to upset the apple cart? the new muslim brotherhood leadership is reconsidering the peace agreement with israel and
5:39 pm
making friends with iran and other countries in the region. what if that is getting upset? in addition to that, there's also terrorist groups, which are not morsi. he's muslim brotherhood, but in addition, there's terrorist groups setting up shop in what should be a demilitarized zone. melissa: something to watch again. thank you so much for coming on. >> thank you. melissa: time now for today's fuel gauge. oil futures hitting 19-week highs, strong u.s. housing data. fuels speculation that demand for crude would rise settling up more than 1% at 97.57 a barrel. bp's guilty plea accepted over the gulf oil spill paying $4 billion to settle criminal penalties and manslaughter charges for its role in the disaster. an oil barge crash on the mississippi river causing gridlock for commercial traffic. the coast guard says 50 tow boats and nearly 800 barges backed up.
5:40 pm
a 50-mile stretch of the river closed. two barges crashed into a railroad bridge on sunday. up next, nothing says guilty pleasure like your own frozen pizza. yum. a new claim california pizza kitchen is deliberately poisenning consumers that could leave the pizza giant financially cooked. at the end of the day, it's all about "money" and pizza. ♪
5:41 pm
5:42 pm
5:43 pm
5:44 pm
♪ melissa: so fun. all right. california pizza kitchen delicious barbecue chicken pizza is not good for us, obviously, but do you think it's poise pious? a california woman, katie simpson, filed a $5 million class action lawsuit against the pizza giant, and its mother company, nestle with the claim it's deliberate ri poisenning the customers, sure, using transfats in the store bought frozen pizza that includes dijornos. could you just read the ingredients before buying the pizza? >> first of all, california
5:45 pm
pizza, pizza's from new york, okay? california,new york thing, give me a break. here's the thing. there's actually the only reason why this suit can live to see another day, possibly has to do with new york and the country of denmark because they are two entities that ban the used of transfats. new york only banned it in restaurants including mcdonalds and things like that, but you can still sell it in preprepared foods. melissa: bloomberg again? >> him again. transfats are said to be bad things, causing x, y, and z, and we're not allowing them to happen. that's the only reason the woman's lawsuit will live, will not get dismissed meaning the judge's reason is, like, get out of here and just throws it. melissa: claiming they squeeze healthier pizza off the shelf by
5:46 pm
using low cost food additives to increase the market share. are they squeezing out the other pizza? people just buying it because it's good and don't buy the other stuff because it doesn't taste good? >> no, i bet that -- melissa: squeezing it out? come op. >> if you're going with frozen pizza, i think price plays a role in it, and so what she's saying because they use cheaper ingredients, they can have a cheaper box of pizza. face it, frozen pizza is not great. you have california here, and it's $5, and you got the $5.75. melissa: it's a free country. i can buy what pizza i want to. it's not poisen. it's fattening. big deal. what's next? cookies? can i not buy them anymore? >> you make a strong point that people, especially new yorkers, real native new yorkers, people there forever, they make that point. melissa: i've been here a long time. you're digging i'm not a new yorker. >> at least ten years; right? 20 #th birthday or something like that? melissa: come on.
5:47 pm
>> a lot of people are really against mayor bloomberg for going against this whole -- for saying you can't have the bill gulp sodas, you can't have transfats. this woman is taking it to the next step saying it's poisen. it's not. it alleges in her legal complaint they are poisen. if you look at the fda, transfats are not poisen. that's where she has the problem. melissa: if she said something else, could she have the lawsuits? >> say unhealthy ingredients. she may motivate nestle, it's talked about on national television, they may relabel and repackage it, throw money at her to shut her up. the lawsuits don't have teeth to them, they wind up causing some change in our society which hopefully is a good change and not a bad change. melissa: it's a bad change of the it's about liberty. i can do what i want. if i want to eat fattening food,
5:48 pm
i can. the show is called "money," will she get money from this? >> she could. melissa: so irritating. >> the nuance value. i don't know what she's looking for, but i don't think it's a bad thing if they decided to put on there somewhere, even in small print -- melissa: come on, author, what's next? >> cigarettes are bad for your health. imagine if they do that. melissa: save me from eating pizza. what about ice cream? there's a million things out there. what about the fried food in the frozen section? pizza rolls. >> seat belts don't save other people's lives, just your; right? we got in an accident because he was not wearing the seat belt. it's injuries to an individual. we decided, as a society, we could fine you for not protecting yourself. melissa: you make the point. >> i know, i agree. melissa: it makes sense. >> i agree. melissa: fattening pizza, it's california pizza company. it's not that fattening. >> apparently, transfats have to be bad if the country of denmark
5:49 pm
is banning them, and new york city is banning them. melissa: okay, you want to get a sleys after -- slice with me after the show? that was a lot of silence, my goodness. i don't know. >> i'll remain silent. melissa: thank you so much. here's the question of the day. do you want to get a slice of pizza with me after the show? no, that's not the question. the lawsuit make you less likely to buy frozen pizzas? so far not. one person makes them a loser to pay the civil court system. that makes sense. keep the responses coming. like us on facebook or follow me on twitter. coming up. it sounds like the perfect dinner out, soup, meat, wine, and then a bowl of dirt ice cream for dessert. delicious. this is served at one restaurant, and people are shelling out wads of cash to indulge. you thought the pizza was bad? bizarre details coming up.
5:50 pm
you can't ever have too much "money" or dirt. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock.
5:51 pm
call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.
5:52 pm
5:53 pm
♪ melissa: you can dance. you can dance. yes. it's okay. he is advancing. he has that been going. no, he's not. it's time for four.
5:54 pm
today we are joined by our all-star team. monica crowley and dennis kneele. and yet the fabulous boots on again. viewers like those last time. we will show them to you. shove them off. that's good. first up, and san francisco that taxman is giving twitter and other companies a break for charitable contributions by giving away promotional tweets to local organizations if. planning to offer of $60,000 in promotional tweets to nonprofits . how much do you think these are even worse -- fourth? for this strikes me as a ploy to get a tax break on something that is hard to quantify the value of. >> first of all, i am in favor of tax breaks for business, but one thing this gives you a break from, the city decided is a smart idea have a local and a half% payroll tax on employees that are hired was the company was unable to. what would you go out of your way to discourage it? what i don't like is it is not as the same as on the boat. when they give out tons of lumber to eric in place, that is
5:55 pm
costing real money. twitter, those don't cost anything, and it is infinite and is really kind of an imbalance. >> out demonetized amount you put a value one? and i agree. almost always a good thing to encourage business. local businesses, not profits. but you have no idea how much is worth. they're trying to put a dollar amount, $60,000 on the amount, but nobody has any idea. melissa: clever accounts. that's what i'm getting out of it. moving on to have you ever seen people take pictures like this one of the food that they are eating in restaurants? this is that going over well with the chefs, and some restaurants in new york city are banning customers from doing it. instead, some places will allow you take pictures of is in the kitchen with a presentation is just perfect and the lighting is better. some even start giving customers the fog of the fruit along with the check. the you think the restaurants are being short-sighted? smart?
5:56 pm
>> some actual experience with our other restaurants. >> most famous for doing this, brooklyn's fair, f-8f -- f-a-r- f-a-r-e. it is super, super expensive. the chef is such a genius that he is certain that when you take up your phone and take a picture of the food they you're stealing it and it with another restaurant to steal that gorgeous dish. he served on the different dishes, tiny little bites. he screams at people. he did that. unfortunately aeolus someone writes about food and restaurants that kind of tore him a new one. melissa: can you figure out the recipe? >> visual is very important. you have what it looks like. it. >> the plating. melissa: the plating. once the onion chef. plating. melissa: i didn't. >> plating is key. other people do this. i have not ever taken a picture,
5:57 pm
but apparently there are a lot of money in these. so maybe they're worried about their proprietary recipes eating and being copied. >> some of these meals cost so much. it is about an $1,800 for two people. i'm in there for five times, inciting people take voters of the food because when it's gone within a dare to your saying, well, yes, but it sure sounds good. to techie to have flashes going off, but they don't stop people taking photos of the party there was. >> at thing disney's to take us. melissa: i was asking arthur of for a slice of pizza, and forget that. i'm going with you. >> that fox business accounting department turned down my billing, i don't think they will go there. melissa: you don't think you could pay for is just in general. >> absolutely. melissa: shutdown. i cannot believe it.
5:58 pm
here is more food, but this time, it was all stolen. arrested two men allegedly stole $65,000 worth of chicken wings from the frozen distribution center where the pair worked. unfortunately, the police have not located the actual wings. would you really want them back? and me, do you think there were being prepped for the super bowl? >> super bowl sunday is days away. so these people were thinking ahead. melissa: guys. >> the concept. no idea what happens to the wings. right. are they in the evidence like? where are they? >> eat the evidence. they have already been done consumed. the super bowl and the like. surprise, the single biggest selling day for two killings. itouch chile was the big super bowl thing. melissa: i think chicken wings are disgusting. the little bones. >> disgusting. melissa: really disgusting, but
5:59 pm
their is a shortage. prices have gone through the roof. it is a thing. it makes a lot of sense. melissa: all right. well, more food, but this is really dirty. a french restaurant in tokyo is serving an entire course of dirt-laced options for $110 including things like to rizzo, entered ice-cream. apparently none of the tissues really tastes like dirt. you would know. said to be delicious and divine. actually volcanic ashes mixed with soil and plants from japan. >> they say that over the course of your lifetime you consumed something like 6 pounds of dirt. melissa: not intentionally. >> not intentionally. >> netted the pay for it, although last summer i was at a party in a serb ts that had the volcanic ash in between the layers, and it was not to my liking. melissa: oh, yes.

90 Views

info Stream Only

Uploaded by TV Archive on